Fund Strategy: "Amundi has launched a multi smart beta ETF which will track European equities. The smart beta fund will track the Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy ERC strategy index. The index mainly targets mid and large cap stocks on developed European equity markets. The index has four risk tilts: value, size, momentum and volatility, which the index then equal weights."
Fund Strategy 29/01/2016
"(...) Amundi has launched a multi smart beta ETF which will track European equities. The smart beta fund will track the Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy ERC strategy index. The index mainly targets mid and large cap stocks on developed European equity markets. The index has four risk tilts: value, size, momentum and volatility, which the index then equal weights. The fund, which will have ongoing charges of 0.4 per cent, will soon be listed on both the Euronext and the main European stock exchanges. (...)"
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